|Traded as||NYSE: ABB|
|Founded||1988, Zurich, Switzerland|
|Headquarters||Zurich, 8050, Switzerland|
|Mr. Ulrich Spiesshofer|
|Revenue||US$ 35.481 billion|
|US$ 3.049 billion|
|US$ 2.052 billion|
|Total assets||US$ 41.356 billion|
|Total equity||US$ 14.481 billion|
Number of employees
is an energy technology and automation company headquartered in Zurich, Switzerland. With a revenue of 35.481 billion USD, 135800 employees ABB is active in more than 100 countries. ABB is the largest manufacturer of electricity grids worldwide.
ABB was founded in 1988 as a result of the merger between the Swedish company “Allmänna Svenska Elektriska Aktiebolaget” (ASEA) and “Brown Boveri LTD”, which concentrated their business in Zurich and each held 50% but remained independent companies. Later in 1999 they got finally unified as ABB Ltd.
ABB. Works in 5 business divisions:
Electrification Products (Low- voltage circuit breakers, switches, control products, wiring accessories, enclosures and cable systems to protect people, installations and electric equipment from electrical overload),
Discrete Automation and Motion (Products and services for industrial production. It includes electric motors, generators, drives, power electronics and industrial robots),
Process Automation (Systems for control, plant optimization, and industry-specific automation applications. The industries served include oil and gas, power, chemicals and pharmaceuticals, pulp and paper),
Power Grids (Key components for the transmission and distribution of electricity. Networks for transformers, switchgear, circuit breakers, cables, and associated high voltage equipment, digital protective relays. It also offers maintenance service),
Corporate and Other (Management and functioning of the company, asset management and investments).
Since 1999, ABB has engaged in a number of technology M&A deals: 121 Transactions with a value of USD 12.64 bil. (for number and value per year, see figure below).
Top 10 Deals ABB
|Rank||Date||Target||Nation||Value (in bil. USD)|
|1||01.30.2012||Thomas & Betts Corp||United States||3.90|
|2||11.30.2010||Baldor Electric Co||United States||3.09|
|3||04.22.2013||Power0One Inc||United States||1.11|
|4||05.05.2010||Ventyx Inc||United States||1.00|
|6||12.01.1999||Ardent Software Inc||United States||0.91|
|9||12.12.2011||Newave Energy Holding SA||Switzerland||0.18|
|10||11.24.2011||Nanjing Guodian Nanzi Power||China||0.13|